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Court freezes bank, insurance assets linked to flood control project irregularities

The Court of Appeals (CA) has ordered the freezing of bank accounts and insurance policies held by individuals and corporations allegedly involved in anomalous flood control projects.

DOE adds 100 MW for run-of-river hydro FIT incentive

The Energy Regulatory Commission (ERC) under the Department of Energy (DOE) has allocated an additional 100 megawatts (MW) of capacity for run-of-river (ROR) hydro projects under the feed-in-tariff (FIT) scheme.

MPIC sustains double-digit growth, eyes expansion

Metro Pacific Investments Corp. (MPIC) reported continued double-digit growth in the third quarter, reinforcing its position as a key player in Philippine infrastructure and utilities. The conglomerate, which delisted earlier this year, is riding on strong momentum from its core businesses and expanding contributions from emerging ventures.

Dizon probes contractor ties of undersecretaries

Public Works Secretary Vince Dizon said he will investigate claims by Batangas 1st District Representative Leandro Leviste that some Department of Public Works and Highways (DPWH) undersecretaries may have ties to contractors involved in the controversial flood control projects.

NAIA holds first full-scale crash drill under new private operator

The New NAIA Infrastructure Corp. (NNIC), the private group now managing the Ninoy Aquino International Airport (NAIA), will carry out its first full-scale crash rescue drill on Friday, October 17.

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SM Hotels Sweep Multiple Honors at Global Awards

Two of SM Hotels and Conventions Corporation’s (SMHCC) flagship properties captured multiple accolades at the Haute Grandeur Global Awards 2026, cementing the group’s reputation as a leader in regional hospitality.

DOE, French firm push hydrogen power in PH

The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.
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